New legislation aimed at harmonizing tax incentives is expected to benefit Panama’s nascent mining industry.The Universalization of Incentives Law, recently signed by President Ernesto Perez Balladare…
With a diamond find in South Africa and a ground position next to one of the most prospective kimberlite pipes Canada has thus far offered up, SouthernEra Resources (TSE) is expecting 1995 to be a bus…
1995July 18July 17July 14July 13July 12HighLowComposite”300″4667.424700.414688.834698.044710.314718.273983.34Metals&Minerals 5123.11 5180.155139.925127.305105.555194.633273.56Integ…
The first 3-dimensional (3-D) seismic experiment for mineral exploration in North America is about to get under way in the Sudbury Basin of Ontario.The program follows recent studies under the Industr…
ALUMINUM: MW U.S. market US84.5-85.5 cents per lb. (July 7, 1995).ANTIMONY: MW New York dealer US$2.20-2.30 per lb. (March 31, 1995).BISMUTH: MW New York dealer US$3.55-3.65 per lb. (May 12, 1995).CAD…
The usual summer doldrums are nowhere to be seen on western markets, as eager investors jockey for position in the growing suite of Labrador area stocks.Over the report period ended July 18, the Vanco…
London Metal ExchangeSpot closing prices in $US per tonneDateJuly 18 July 17July 14July 13July 12Copper3178-3180 3198-32023200-32053215-32173213-3214Lead633-634 642-643 645-646 640-641…
Continuing its pattern of picking up small copper deposits, Arimetco International (TSE) has agreed to acquire the Sullivan deposit near Gabbs, Nev.The property, also known as the Cuervo, is an intrus…
A subsidiary of Northfield Minerals (TSE) has completed a program of reverse-circulation drilling on the Minera Remance property near Panama City.The subsidiary, which is earning up to an 86% interest…
St. Genevieve Resources (TSE) has sold 2.2 million shares of Novicourt (TSE) for $5.25 per share.The transaction generated proceeds of $11.2 million and a profit of $6.1 million. The proceeds will be …
Bulk sampling has enhanced the potential of Armistice Resources’ (ME) gold property in Virginiatown, Ont.The company mined a 3,200-ton bulk sample with an estimated grade of 0.3 oz. gold per ton. The …
Nickel giant Inco (TSE) will repurchase up to 10 million (about 10%) of its common shares.The repurchase is expected to end no later than July 12, 1996. The shares will be paid for with internal cash …
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